Fairfax Financial Holdings Limited Fairfax together with Bangalore International Airport Limited BIAL is donating an aggregate of US1 million to aid relief operations in connection with the recent devastating floods in Karnataka India.The donation will be made through Fairfaxs affiliate Fairbridge Capital Private Limited Fairbridge and BIAL an investee company of Fairfax India with each of Fairbridge and BIAL contributing INR 35000000 US500000 at current exchange rates to the Karnataka State Disaster Management Authority.Prem Watsa Chairman and Chief Executive Officer of Fairfax commented The destruction of property loss of lives and the impact on livelihood of the people of Karnataka due to the catastrophic rains is extremely saddening. Fairfax extends our deepest condolences to the people impacted by this catastrophe and wish to support rehabilitation and reconstruction efforts for the people of Karnataka.Fairfax is a holding company which through its subsidiaries is engaged in property and casualty insurance and reinsurance and the associated investment management.
🔍 Key Information
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Tender Reference No.
446880837
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Publication Date
31 Aug 2019
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Sector
Airports
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Notice Type
News
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Location
Canada
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Documents & Downloads
No documents found
🏷️ CPV
No CPV found
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